Intuit To Host Annual Investors Day
Intuit, creator of the world’s leading small business account software Quickbooks, recently announced plans to host Annual Investors Day on September 30 (tomorrow). The event will feature web-based presentations from chief executive officer Brad Smith, chief financial officer Neil Williams, and several other leading financial experts as they discuss the future of Intuit.
Annual Investors Day will take place on September 30 from 8:30 a.m. to 1:00 p.m. Pacific time. Intuit’s experts will broadcast the segment live from the company’s headquarters in Mountain View, California, offering invaluable advice regarding investing, as well as insight into the future of Intuit and its products.
In addition to webinars and presentations from various keynote speakers, Investors Day will also showcase several new Intuit products and market experiments. We still don’t know what types of products Intuit plans to unveil tomorrow, but it’s certainly something that business owners should check out.
If you happen to miss the live airing of Investors Day, you can listen to a replay of the event on the website. According to Intuit, it will publish a recording of all the webinars and segments related to Investors Day on its website 2 hours after the event ends.
The company announced the event on its website, providing few details other than the day, time, and a few keynote speakers. With Intuit at the helm of the event, however, I think it’s safe to assume Investors Day will offer some important information and advice for business owners.
“Intuit will host its annual Investor Day on Sept. 30 at its Mountain View, Calif., headquarters. The half-day event will include business segment updates and presentations from Brad Smith, chief executive officer, Neil Williams, chief financial officer and other business segment leaders.
Please join the live webcast for Inside Intuit 2014 at 11:30 a.m. EDT, on Tuesday, September 30, 2014.
We hope you can join us!”
Originally founded in 1983 by Scott Cook and Tom Proulx, Intuit is a leading software company that focuses on accounting and tax preparation software. Its signature accounting software, Quickbooks, is the most popular and widely used accounting software by businesses in the U.S. But Intuit isn’t stopping there, as it continues to push the boundaries by developing and releasing a range of helpful new tools for business owners and accountants.
Visit http://investors.intuit.com/events/default.aspx to learn more about Investors Day.
Are you planning to participate in Intuit’s Investors Day? Let us know in the comments section below!
Intuit Acquires Cloud Service Company itDuzzit
In an effort to further boost its cloud computing capabilities for small-to-medium-sized businesses, Intuit has acquired the Chicago-based startup company itDuzzit for an undisclosed amount.
itDuzzit isn’t your typical provider of cloud-based services, however. Instead, they offer what’s known as “if this then that” (IFTTT) services. The easiest way to describe IFTTT services is that it’s a combination of web and mobile applications integrated together on the cloud. Intuit’s goal with the acquisition is to add itDuzzit’s IFTTT capabilities to its Quickbooks platform. “This acquisition brings us closer to achieving our mission of helping every small business app connect to the QuickBooks platform,” said Avi Golan, VP and GM, Intuit Partner Platform.
So, what should you expect if you are already a customer or client of itDuzzit? Details of the acquisition remain undisclosed, but Intuit confirmed that it would not be taking down the itDuzzit platform. You can rest assured knowing the service will continue to operate and function as intended.
Of course, Itduzzit isn’t the only player in the IFTTT market. One of its direct competitors is Zapier, which offers a similar service linking web and mobile services to the same platform using cloud technology. Itduzzit stands above the rest, however, in several ways, including its sophisticated, user-friendly integration that requires little-to-no coding. It’s often difficult for small businesses to use services such as this due to the steep learning curve.
Thankfully, Itduzzit solves this problem by offering a quick and easy solution that anyone can use, regardless of his or her experience level. It’s an incredibly easy to use service that integrates seamlessly, without the need for extensive coding. And now that Intuit owns this service, we’ll likely see it implemented in Quickbooks and other Intuit products.
Intuit announced the acquisition of itDuzzit on the official company blog, saying the following:
“I have very good news – Intuit has acquired itDuzzit! As you may know, itDuzzit is a cloud-centric integration platform that offers tools and pre-built integration solutions for hundreds of web-based and mobile applications.
Beyond purchasing the technology, we are really happy to welcome itDuzzit’s two founders– Joe Dennis and Steve Mendoza to Intuit. Joe and Steve created the core technology that makes it simple and fast to sync data between cloud applications – connecting apps in minutes.”
What are your thoughts regarding Intuit’s acquisition of Itduzzit? We’d love to hear your opinions in the comments section below!
Intuit Acquires UK Payroll Service PaySuite
Intuit, maker of Quickbooks, announced the acquisition of the U.K.-based payroll service PaySuite earlier this month.
According to a blog post made by Intuit, Quickbooks is used by some 1.7 million users worldwide, making it the most popular business accounting software. Intuit also shared some insight into its decision regarding the acquisition of PaySuite, stating that it will help them accomplish their goal of achieving “best-in-class add-on services that integrate seamlessly with our core accounting application.”
So, what exactly is PaySuite? And why does Intuit believe it will boost their presence in the accounting software market? PaySuite is an all-inclusive business payroll service based out of the U.K. Unlike most payroll services, however, PaySuite offers a variety of helpful tools and features to streamline the process of running a business. Of course, this is a similar approach used by Intuit, which also offers a variety of tools and features in its Quickbooks products.
Another reason why PaySuite shines above competing payroll services is because it’s designed with an emphasis of simplicity and ease of use. Once you’ve entered the number of hours worked by employees, it will automatically calculate the appropriate tax, generate an electronic payslip, and then send Real Time Information (RTI) submission to the HMRC. This hands-off approach is one of the many reasons why so many U.K. businesses choose PaySuite for their payroll services.
Intuit notes that the recent acquisition of PaySuite is part of a larger plan to offer small businesses a full-range of cloud-based software. With PaySuite under its belt, Intuit can help small businesses integrate their payroll data directly into Quickbooks, which subsequently will save time and energy.
Some of the different features offered in PaySuite include:
- Bacs
- Reporting
- Real-time data
- Cloud technology
- Unlimited employees
- P45
- Calculate PAYE and NI
- Electronic payslips
- Pensions
- Unlimited Payrolls
“All the features you need to pay your wages/ PaySuite has been designed for the needs of small-medium businesses. Simply enter the hours your staff have worked, PaySuite will then calculate the PAYE and NI. You can then file with HMRC your Real Time Information (RTI), generate a payslip by email or simply print it off.,” wrote PaySuite on its official website.
Remember to check back with our blog here at MyVao.com for the latest updates on Intuit and Quickbooks!
Do you think this acquisition was a smart move for Intuit? Let us know in the comments section below!